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Explain why the NPV method is considered superior to the payback period and accounting rate of return methods of appraising potential capital investments. (10 marks)
- Explain why the NPV method is considered superior to the payback period and accounting rate of return methods of appraising potential capital investments.
(10 marks)
- Explain the effect of non-nancial/non-quantitative factors on project appraisal by using relevant examples.
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